DNB Markets, a part of DNB Bank ASA, and Danske Bank A/S acted as Co-ordinators, Mandated Lead Arrangers and Bookrunners on the transaction. In addition, BNP Paribas SA Norway Branch and Swedbank AB (publ) joined as Mandated Lead Arrangers and Bookrunners, whilst J.P. Morgan Securities plc and ING Bank N.V. participated in the transaction as Lead Arrangers.
“We are pleased to announce the successful refinancing of our bank facility, practically doubling the liquidity buffer available to us at all times. The new facilities move us towards a funding structure that better supports Adevinta’s strategic intent. The revised banking group brings a wealth of expertise in the complete range of banking products, a global coverage and high expertise in capital markets executions,” says Uvashni Raman, CFO of Adevinta.